2 Fanny Street Toowoomba City

Expressions of Interest - Close 18th November 2021

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Massive Site - Hold, Renovate or Develop

ALMOST 2 ACRES (7,120m2)
GROSS RETURN OF APPROXIMATELY $290,000 p.a.
DEMOLITION APPROVAL
ATTRACTIVE LOCATION
DEVELOPMENT DREAM

We are currently presenting the property at 2-14 Fanny Street, Newtown (Toowoomba)
for "Expressions of Interest", closing date Thursday 18th November 2021. This property is
a developer's dream with its endless development potential while still generating
income.

Whilst this property currently has 10x 1 bedroom studio style units, 18x 1-bedroom
timber duplex flats, and one 3-bedroom house, the opportunities are infinite with this
prime location. The property itself already has Demolition Approval for all buildings. An
opportunity like this with a block of this size is a very rare find, especially in the heart of
the city. With the current demand in the Toowoomba market, this block is a hot
commodity and will not last long!

This site has a lot to offer including 3-street frontage, views to the north, and an
impressive 7120m2 of sloping area to work with. That is almost 2 acres of
developmental playground!

Fanny Street, West Street and Hillview Street surround this block to allow for convenient
access and provide 3 existing access points. Due to the sloping nature of the block,
drainage is not a concern. This exclusive block is a short distance to the Toowoomba City
CBD, Toowoomba Bypass, food hubs, parks and more.

Please contact the Sales Team at Young Real Estate to submit your interest.
Email: sales@youngrealestate.com.au or phone: (07)4634 9222

Property Features

  • Land Size : 7120.00 m2
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Property ID: 3453497

Glen Young

Glen Young

0419 021 133

Location map for 2 Fanny Street Toowoomba City

Contact Office

Young Real Estate (Toowoomba)

Bridge Street

TOOWOOMBA 4350

T 07 4634 9222

F 07 4634 9777

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.